255 E Hazelwood Rd, Young, AZ 85554
3 beds · 2 baths · 1,680 sqft
One-of-a-Kind Home on almost 2 acres in Gila County, AZ! Discover your dream retreat nestled on 1.73 acres in the serene landscape and temperate climate of Young, AZ. This unique 3-bedroom, 2-bath home offers the perfect blend of rural tranquility and modern comfort, with breathtaking views and an abundance of outdoor features. Property Highlights: Move in ready 2014 Cavco home with upgraded laminate flooring and freshly painted interior. Spacious 3 bedrooms and 2 baths, perfect for full-time occupancy or peaceful getaways. Fully fenced and gated property with cross-fencing, ideal for pets or livestock. Fenced garden with established asparagus, grapes and berry bushes for homegrown produce. Fruit trees! including peach, apple and cherry. Horses allowed and steel hay barn on property. Covered back porch, perfect for relaxing and enjoying gorgeous mountain views. Paved roads from middle to town to the driveway for easy access to a 2-car carport. Detached garage to store your tractor or roadworthy toys. Charming chicken coop and fenced garden to complete your homestead dream. Conveniently located near the community center to enjoy local events and amenities. This property is perfect for those wanting a peaceful, rural lifestyle with the convenience of being close to local amenities. Don't miss the opportunity to make this one-of-a-kind home yours!
Source: ARMLS #6754581
Source: ARMLS #6754581
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
MLS ID: #6754581
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.